Web Ref RL52
R5,199,000
Monthly Bond Repayment R53,663.47
Calculated over 20 years at 11.0% with no deposit.
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Monthly Rates
R4,599.40
R4,599.40
Prime Investment Opportunity: 16-Bedroom Apartment Block in Die Bult, Potchefstroom
Viewings by appointment only!
Seize a rare investment opportunity with this 14-unit apartment block, ideally located in the vibrant Die Bult area of Potchefstroom. Just moments from North-West University, this property offers excellent rental income potential, making it perfect for both seasoned investors and first-time buyers. With 16 bedrooms across 14 units (12 bachelor pads and 2 double-bedroom units), this property is designed for scalability and ease of maintenance, ensuring consistent returns.
Investment Highlights
-High Cash Flow: Projected monthly income of R49,000, offering an impressive annual yield of R588,000.
-Prime Location: Located near NWU, schools, churches, and a shopping center, providing excellent access to students, young professionals, and families.
-Diversified Tenant Base: The mix of bachelor and double-bedroom units attracts a wide range of tenants, ensuring high occupancy rates and minimal vacancy risk.
-Future-Proof Features: Includes a private borehole for water security and complimentary high-speed internet, appealing to today’s tenants and reducing operational risks.
-Scalable Growth: Already optimized for success, this property offers long-term growth potential while delivering immediate returns.
Whether you’re expanding your property portfolio or making your first investment, this property is a compelling opportunity in a growing rental market.
Seize a rare investment opportunity with this 14-unit apartment block, ideally located in the vibrant Die Bult area of Potchefstroom. Just moments from North-West University, this property offers excellent rental income potential, making it perfect for both seasoned investors and first-time buyers. With 16 bedrooms across 14 units (12 bachelor pads and 2 double-bedroom units), this property is designed for scalability and ease of maintenance, ensuring consistent returns.
Investment Highlights
-High Cash Flow: Projected monthly income of R49,000, offering an impressive annual yield of R588,000.
-Prime Location: Located near NWU, schools, churches, and a shopping center, providing excellent access to students, young professionals, and families.
-Diversified Tenant Base: The mix of bachelor and double-bedroom units attracts a wide range of tenants, ensuring high occupancy rates and minimal vacancy risk.
-Future-Proof Features: Includes a private borehole for water security and complimentary high-speed internet, appealing to today’s tenants and reducing operational risks.
-Scalable Growth: Already optimized for success, this property offers long-term growth potential while delivering immediate returns.
Whether you’re expanding your property portfolio or making your first investment, this property is a compelling opportunity in a growing rental market.
Features
Pets Allowed
No
Interior
Bedrooms
14
Bathrooms
14
Kitchen
14
Study
16
Furnished
No
Exterior
Security
Yes
Parkings
16
Flatlet
1
Pool
No
Sizes
Land Size
1,428m²
Extras
24 Hour Access; Accommodation; Bachelor Studio; Bath, Toilet and Basin; Basin; Bath; Carport; Communal Braai Area; Dishwasher Connection; Burglar Bars; Double Bed; Curtain Rails; Flatlet; Double Storey; Double; Electric Gate; Fibre; Communal; Complex; First Floor; Fridge; Half Bathroom; Half Bedroom; Multi Storey; Safe; Student Accommodation; Studio; Lighting; King Bed; Near Mini Bus Service; Modern; Twin Bed; TV Port; University College Community; Stove; Single Bed; Single Parking; Single; Near Bus Service; Oven And Hob; Ground Floor; Open Plan Room; On Street Parking; Open Plan Kitchen; Open Plan; School; Queen Bed; Oven & Hob; Shower; Shower, Toilet and Basin; Borehole
